SVP Head of Credit Department

1 month ago

Northbrook, United States Wintrust Financial Full time

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $50 billion in assets.

Why join us?

  • An award-winning culture We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Family-friendly work hours
  • With 175+ community bank locations, we offer opportunities to grow and develop in your career
  • Promote from within culture

Why join this team?

  • We have a culture that encourages an entrepreneurial spirit
  • We offer multiple opportunities for development and upward mobility

Job Description Summary

The SVP Head of Credit is responsible for assisting with creating and implementing strategy. Being a source of financial and industry knowledge for department members. Working direct with clients (insurance agents) to create customized financing solutions for complex policies and competitive situations. Organizing and offering classes to internal employees on the topics of Financial Statements, Insurance, and Premium Finance concepts.  Working closely with inside sales team and executive team, with in person face-to-face discussions, to problem solve and collaborate on business workflows and individual loan decisions.

What You’ll Do

  • Developing and administering underwriting guidelines that include both risk and profit strategies.
  • Continually monitoring market conditions and adjusting strategies accordingly.
  • Providing approval rates, terms, and exposures on loan proposals.
  • Coordinating and managing business flow with inside sales department. 
  • Recommending rates, terms, and exposure on quotes for loans above set quoting authority to reduce time spent by senior executives making assessments in a way that improves profit and mitigates risk. 
  • Assisting Inside Sales staff with complex math, financial statement and knowledge questions, technical questions, insurance knowledge. 
  • Participating in team discussions and understanding the inside sales process critical. Collaborative and impromptu discussions regularly occur
  • Manage and develop the credit team and foster a culture of continuous learning and professional development.
  • Support development and understanding of credit within larger organization. 
  • Evaluating efficiencies within the department to identify and recommend areas for improvement in close collaboration with other departments.

Knowledge/Skills/Background/Experience

  • 10+ years experience in a leadership position within the credit department of a financial institution or finance company
  • Active Insurance License preferred or advanced knowledge of insurance policy language & terms
  • Undergraduate degree in economics, finance, or accounting preferred or commensurate experience
  • 20% travel time may be required for conferences and meetings with West and East coast offices
  • Minimum of three days per week in the Northbrook, IL office

Benefits

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

#LI-HYBRID

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

  • SVP Head of Credit Department

    1 month ago

    Northbrook, United States Wintrust Financial Full time

    Job DescriptionAs one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we...

  • SVP Head of Credit Department

    1 day ago

    Northbrook, IL, United States Wintrust Financial Full time

    As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but...

  • SVP Head of Credit Department

    1 week ago

    Northbrook, IL, United States Wintrust Financial Full time

    As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but...

  • Head of Credit Department Leadership

    1 week ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    Job DescriptionJob Title: Senior Vice President of Credit OperationsJob Summary:The Senior Vice President of Credit Operations is responsible for assisting with creating and implementing strategic plans to drive business growth and profitability. This role requires a deep understanding of financial and industry knowledge, as well as excellent communication...

  • Senior Vice President, Head of Credit and Risk Management

    1 week ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    Job SummaryThe Senior Vice President, Head of Credit and Risk Management, will be responsible for developing and implementing strategic plans to drive business growth and profitability. This role will oversee the credit and risk management functions, ensuring alignment with the company's overall business objectives.Key ResponsibilitiesDevelop and Implement...

  • Senior Vice President of Credit Department

    6 days ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    About the RoleThe Senior Vice President of Credit Department will be responsible for developing and implementing strategic plans to drive business growth and profitability. This individual will serve as a subject matter expert in credit and financial analysis, providing guidance and support to the credit team and other departments.Key ResponsibilitiesDevelop...

  • Executive Director, Credit and Financial Services

    1 week ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    Job SummaryThe Senior Vice President, Head of Credit and Risk Management, will be responsible for developing and implementing strategic plans to drive business growth and profitability. This role will require a strong understanding of financial markets, risk management, and credit analysis.Key ResponsibilitiesDevelop and administer underwriting guidelines...

  • Senior Vice President of Credit Department Leadership

    20 hours ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    About the Role:The Senior Vice President of Credit Department Leadership will be responsible for developing and implementing strategic plans to drive business growth and profitability. This individual will serve as a subject matter expert in financial and industry knowledge, providing guidance and support to department members.Key Responsibilities:Develop...

  • Senior Vice President of Credit Operations

    2 weeks ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    About Us:As a leading premium finance organization, Wintrust Financial specializes in comprehensive premium financing solutions tailored for agencies. Our commitment to innovation and service excellence enables our partners to thrive in their respective markets.Why Work With Us?We foster an award-winning workplace culture, recognized as a Top Workplace by...

  • Department Head

    1 week ago

    Northbrook, Illinois, United States The Fresh Market Full time

    About the PositionWe are seeking a highly skilled and experienced Bakery Manager to lead our bakery team and drive business results. As a key member of our store management team, you will be responsible for directing team members, managing department inventory, pricing integrity, and other operational processes that require attention to detail.This is a...

  • Senior Vice President of Credit Operations

    2 weeks ago

    Northbrook, Illinois, United States Wintrust Financial Full time

    About Us: As a leading premium finance organization, Wintrust Financial specializes in comprehensive premium financing solutions tailored for agencies. We are dedicated to empowering our partners with a diverse range of incentive programs, services, and cutting-edge technology. Why Join Our Team? We boast an award-winning workplace culture, recognized as a...

  • Head of Financial Systems

    2 weeks ago

    Northbrook, Illinois, United States CF Industries Employee Services LLC Full time

    Company Overview:At CF Industries, we are dedicated to delivering sustainable energy solutions that nourish and power the globe. Our workforce is committed to maintaining safe and dependable operations, environmental responsibility, and prudent financial and corporate governance.By becoming a part of CF, you will collaborate with a diverse team that combines...

  • ENT Physician

    4 months ago

    Northbrook, United States North Shore, LTD. Defunct Full time

    Head & Neck Oncologic Surgery Position Highlights: Position: Head & Neck Oncologic Surgery Location: Evanston, Chicago and Northbrook Full Time/Part Time: Fulltime Required Travel: yes What you will do: Endeavor Health, formally NorthShore-EEH, the principal academic affiliate of the University of Chicago Pritzker School of Medicine, seeks an exceptional,...

  • Head of Operational Excellence

    2 weeks ago

    Northbrook, Illinois, United States J. Blanton Plumbing Full time

    About Us:J. Blanton Plumbing is a forward-thinking direct-to-consumer home service provider dedicated to transforming the plumbing sector. Our vision is to establish ourselves as the leading and most trusted name in the industry over the next thirty years.Position Overview:We are in search of an Operations Director to manage multiple divisions within our...

  • Head of Financial Systems

    1 week ago

    Northbrook, Illinois, United States CF Industries Employee Services LLC Full time

    Company Overview:At CF Industries, we are dedicated to delivering sustainable energy solutions that support global food and fuel needs. Our workforce is committed to maintaining safe operations, environmental responsibility, and effective management practices.By becoming a part of CF Industries, you will collaborate with a diverse team that values your...

  • Head of Financial Systems

    2 weeks ago

    Northbrook, Illinois, United States CF Industries Employee Services LLC Full time

    Position Overview:At CF Industries, we are dedicated to delivering sustainable energy solutions that support global food and fuel needs. Our workforce is committed to safe and dependable operations, environmental responsibility, and prudent management of resources.As a member of our team, you will leverage your diverse experiences and expertise to contribute...

  • Head of Financial Systems

    2 weeks ago

    Northbrook, Illinois, United States CF Industries Employee Services LLC Full time

    Position Overview:At CF Industries, we are dedicated to delivering sustainable energy solutions that support global needs. Our workforce is committed to operational safety, environmental responsibility, and effective management practices.As a member of our team, you will engage with diverse talents and experiences, working collaboratively to tackle...

  • Drywall Taper and Painter

    3 months ago

    Northbrook, United States SERVPRO of Glenview Full time

    Job DescriptionJob DescriptionDrywall FinisherSERVPRO of Glenview has been the leader in the mitigation business and is seeking self-motivated individuals to join our production team. As a Drywall Finisher you will assist in all aspects of the drywall department and mitigation if needed.If you have attention to detail, enjoy performing a variety of hands-on...

  • IT Security

    3 months ago

    Northbrook, United States Corporate Imaging Concepts (CIC) Full time

    Title: IT Security & Network Manager Location: Northbrook Job Type: Full-Time Department: Information Technology Reports To: SVP of ITCompany Overview: Corporate Imaging Concepts (CIC) is a dynamic technology-driven distributor in the Promotional Products Industry. With a focus on Fortune 1000 firms, we specialize in turnkey solutions that allow clients...

  • Senior Risk Assessment Analyst

    1 week ago

    Northbrook, Illinois, United States Brilliant Management Resources - IL Full time

    Job OverviewBrilliant Management Resources is a distinguished consulting and staffing firm based in Illinois, focusing on providing top-tier solutions in finance, accounting, and technology across the Midwest and Southeast regions of the United States.Position SummaryWe are currently seeking a Senior Risk Assessment Analyst for a prominent global firm...